Join J.D. Solomon and Alex Sidorenko on 3 May 2018 to debate whether risk matrices/heat maps have a place in risk management or should they be avoided like plague. For anyone following my blog for a while, you know how much I dislike qualitative risk analysis techniques in general and heat maps in particular. I…… Continue reading THE RISK DEBATE CONTINUES: Why risk matrices are immoral… or are they?
Join us for the second instalment of our three-part series regarding ISO 31000 vs. COSO ERM – The Great Debate. More than 700 people registered for the last debate and hundreds more watched the replay. 17 MAY 2018, 5PM EUROPE REGISTER: https://go.oceg.org/iso-31000-vs-coso-erm-the-great-debate-part-ii-taking-the-right-level-of-the-right-risks-for-success In the Great Debate, the panellists all agreed that decision-making is the heart of…… Continue reading ISO 31000 vs. COSO ERM – The Great Debate Part II: Taking the Right Level of the Right Risks for Success
Five or six years ago, while working as a Head of Risk of one of the sovereign funds, I was walking through the office and saw a table tennis table sitting idly in the corner of the Head of Strategy office. I remembered how I loved table tennis when I was young. I wasn’t particularly good…… Continue reading How did you build a risk culture in your organization?
Join Alex Sidorenko, Vice-president Institute for Strategic Risk Analysis in Decision Making and Director, RISK-ACADEMY to talk about Enterprise Risk Management (ERM) and latest developments in operational risk management. DATE: 30th APRIL 2018 TIME: 9am to 5pm (lunch and coffee included) LOCATION: MITC, Mriehel Topics to be covered: Decision quality and how humans make decisions…… Continue reading Seminar in Malta: ERM and operational risk management
Alex Sidorenko will be speaking at the next StrategicRisk Hong Kong event on 19 April 2018 about his alternative and often controversial take on integrating risk management into decision making. Join us for debate, learning something new and just generally broaden your spectrum. StrategicRISK, Asia-Pacific’s award-winning risk management publication, and the Pan-Asia Risk and Insurance Management Association…… Continue reading Alex Sidorenko speaking at StrategicRisk Hong Kong event on 19 April 2018
Originally posted on Norman Marks on Governance, Risk Management, and Audit:
‘Risk governance’ or ‘risk oversight’ (I see the terms as synonymous) is a topic that comes up quite often in governance codes, regulator and investor group guidance, and (of course) in risk management frameworks. But is it something that boards should be doing? Should…
Risks rarely happen overnight. There are usually signals, warning signs. Despite their best intentions, executives and most certainly the risk manager are often detached from the operational activities. And while it should be the risk manager’s goal to get involved and at least be aware of what is happening in the company, it is up…… Continue reading Practical ideas: Create simple risk escalation mechanisms